Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Sloan's teaching tips for advisors
By Staff WriterEducate clients on their financial outlook and your plans for them. Don't be in a hurry to close the deal. Study the client's needs and determine the biggest holes in their financial situation and how to fix them. Work to eliminate your client's
April 30, 2008
Throw away the spreadsheetHere are two math problems to solve (and yes, you may use a calculator).1. How would you compute the total interest paid on this loan? (You could also answer by providing the actual total interest paid.) Home equity loan: 14.25% annual
April 30, 2008
A permanent spin on term lifeStrip a permanent life insurance policy such as universal life of its ability to accumulate cash value and what's left is a product that offers the policyholder a guaranteed death benefit to age 100, yet costs only slightly more than a term
April 30, 2008
Retiree health costs balloonIn the seven years Fidelity Investments has issued an annual retiree health cost estimate, the number has risen by 41 percent, which is a 5.8 percent average annual increase. The latest estimate is a 4.7 percent increase over 2007, and it says a
April 30, 2008
Storage space-saversAnyone who has had to save copious amounts of paper knows the frustration that mounts as storage space dwindles. That becomes even more apparent to someone who works from a home office. Bob Adams, owner of A Safe Harbor in Winter Park, Fla., knows
April 30, 2008
Optional rider offers income without annuitizationAnnuity purchasers are apprehensive about a couple of things: outliving their money and/or losing control of their assets. Old Mutual Financial Network saw the problem and has designed an optional rider to put consumers' minds at ease.OM Income
April 30, 2008
Keeping an eye on financial abuseA difficult issue to define is how financial abuse carries over to either mental or physical abuse of an elder. A recent study published by the National Institute on Aging reveals that impaired cognition affects approximately 20 percent of people
April 30, 2008
CFP Board increases disciplinary governanceNew Resources and safeguards have been added by the Certified Financial Planner Board of Standards Inc. to its disciplinary procedures to make them more fair, objective and transparent, and enhance consumer confidence.Perhaps the biggest step